Posted by Charles Clark on January 08, 2003 at 18:42:35:
Hi Bev,
It should not make you look like you are heavy in debt, except for a “minor factor”, which is mortgage companies investors assume that the most you can keep a property rented is 75% of the time, thus we only give you income credit for 75% of your rental income. Of course 100% of your costs, so it can increase your DTI (debt to income ratio). The only option you have is to go with private money, which is much more expensive normally.
Charles Clark